Flag Colombia / Ecuador Flag

2019
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Exports
: $1.96B, Rnk 4 / 188

2019
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Top Product
: $259M, Crude Petroleum

2019
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Exports
: $854M, Rnk 7 / 169

2019
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Top Product
: $140M, Processed Fish

2019
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Economic Complexity (ECI)
: ECI 0.26, Rnk 56 / 146

2019
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Economic Complexity (ECI)
: ECI -0.76, Rnk 110 / 146

2019
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GDP
: $324B, CURRENT US$
Rnk 38 / 187

2009-2019
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GDP GROWTH
: 39.3%, CURRENT US$
Rnk 112 / 187

2019
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 GDP
: $107B, CURRENT US$
Rnk 59 / 187

2009-2019
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GDP GROWTH
: 71.8%, CURRENT US$
Rnk 58 / 187

2019
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GDP PC 
: $6,429, CURRENT US$
Rnk 93 / 187

2009-2019
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GDP PC GROWTH
: 23.8%, CURRENT US$
Rnk 106 / 187

2019
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GDP PC
: $6,184, CURRENT US$
Rnk 95 / 187

2009-2019
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GDP PC GROWTH
: 46.1%, CURRENT US$
Rnk 62 / 187

Colombia-Ecuador In 2019, Colombia exported $1.96B to Ecuador. The main products that Colombia exported to Ecuador are Crude Petroleum ($259M), Cars ($176M), and Delivery Trucks ($103M). During the last 24 years the exports of Colombia to Ecuador have increased at an annualized rate of 6.4%, from $442M in 1995 to $1.96B in 2019.

In 2019, Colombia did not export any services to Ecuador.

Ecuador-Colombia In 2019, Ecuador exported $854M to Colombia . The main products that Ecuador exported to Colombia were Processed Fish ($140M), Palm Oil ($109M), and Particle Board ($72.3M). During the last 24 years the exports of Ecuador to Colombia have increased at an annualized rate of 5.08%, from $260M in 1995 to $854M in 2019.

In 2019, Ecuador did not export any services to Colombia.

Comparison In 2019,  Colombia ranked 56 in the Economic Complexity Index (ECI 0.26), and 54 in total exports ($40.5B). That same year, Ecuador ranked 110 in the Economic Complexity Index (ECI -0.76), and 70 in total exports ($22.9B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Colombia exported $1.96B to Ecuador. The main products exported from Colombia to Ecuador were Crude Petroleum ($259M), Cars ($176M), and Delivery Trucks ($103M). During the last 24 years the exports of Colombia to Ecuador have increased at an annualized rate of 6.4%, from $442M in 1995 to $1.96B in 2019.

In 2019, Ecuador exported $854M to Colombia. The main products exported from Ecuador to Colombia were Processed Fish ($140M), Palm Oil ($109M), and Particle Board ($72.3M). During the last 24 years the exports of Ecuador to Colombia have increased at an annualized rate of 5.08%, from $260M in 1995 to $854M in 2019.

Colombia Exports

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Ecuador Exports

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Market Competitiveness

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Measure

Colombia
Top Destination
: United States, $12.4B

Ecuador
Top Destination
: United States, $6.76B

This map shows whether countries import more from Colombia or Ecuador. Each country is colored based on the difference in imports they receive from Colombia and Ecuador or the difference in the growth in imports.

In 2019, countries that imported more from Colombia than Ecuador were United States ($12.4B), China ($4.58B), and Brazil ($1.47B).

In 2019, countries that imported more from Ecuador than Colombia were Russia ($888M), Chile ($1.5B), and Vietnam ($331M).

Comparative Advantage Colombia - Ecuador

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Depth

This chart compares trade between Colombia and Ecuador by product, considering products traded by both, Colombia and Ecuador.

During 2019, Colombia had a large net trade with Ecuador in the exports of Chemical Products ($376M), Transportation ($319M), and Mineral Products ($302M).

During 2019, Ecuador had a large net trade with Colombia in the exports of Foodstuffs ($208M), Animal and Vegetable Bi-Products ($127M), and Wood Products ($75.8M).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Colombia has comparative advantage over Ecuador. Similarly, the more red a dot/product is, the more Ecuador has comparative advantage over Colombia.